tmf horizon - tmf group€¦ · at tmf group, we’ve helped growing companies make sense of their...
TRANSCRIPT
tmf-group.com/TMFHorizon
TMF HorizonGlobal payroll intelligence at your fingertips
Introducing a single, global platform for total payroll controlThe demands on payroll are forever changing as organisations evolve. Yet everyone expects to be paid accurately and on time, but making sure that happens consistently takes a lot of data, a lot of visibility, and whole lot of control. In any business, it’s hard. But add offices around the globe into the mix – each tasked with ensuring their payroll operations meet local standards and regulations – and a tough task becomes increasingly difficult.
At TMF Group, we’ve helped growing companies make sense of their global payroll operations for many years. 5,500 customers rely on our geographical reach, placing trust in our 1000+ local payroll experts who operate across over 80 different countries.
But now, our global payroll managed service is enhanced by an exciting new product - a single view of all payroll data and operations, enabling increased global control.
Enter, TMF Horizon. It’s a powerful, easy-to-use payroll portal, giving you complete visibility of all your payroll operations and data across your organisation – from your HQ to your remotest office.
65%
of businesses do not have the ability to view the payroll processing status across each of their operational markets
Reference: 2016 Global Payroll Survey: An insight into multi-country payroll processing.
Global Payroll Association (GPA)Sponsored by TMF Group.
3 in 5 (61%)multi-national companies* still rely on email for sharing payroll information
* Paying staff in more than six countries
50%
of companies do not encrypt data to ensure the security of cross-border payroll data transfers
Reference: 2016 Global Payroll Payroll Processes Survey
Bloomberg BNASponsored by TMF Group.
What can TMF Horizon do for you?
As a Finance professional, TMF Horizon’s visibility and control enables you to:
� Identify cost saving opportunities across the business � Gain greater control through global reporting � Link payroll with finance systems � Manage sign-off and approval of payroll processing � Produce meaningful payroll reports that can help drive better informed
staffing decisions
As a Human Resources professional, TMF Horizon can help you to:
� Provide better support for employees by resolving queries quickly and efficiently
� Provide employees with an easy way to access payslips when they need to
� Facilitate your business compliance � Reduce risk by identifying potential data errors or delays in process as
early as possible � Maintain a record of all payroll issues and how they were resolved,
through a ticketing system � Ensure payroll processes are completed on time and in line
with local regulations � Roll out policy documents and ensure employees’ acceptance � Simplify payroll management in an increasingly complex and expanding
global environment
As a Payroll professional, TMF Horizon can help you to:
� Gain complete visibility of payroll processes and operations � Connect employees with payroll, and go directly to them when they
encounter an issue � Improve the delivery of individual payroll data to employees � Monitor processes in real-time � Plan your day through daily tasks and reminders � Agree processing schedules online � Ensure everything is running on time, and to plan through a single portal
Greater visibility and control over global payroll is something businesses strive for, but what does it actually mean for you? Well, that depends on who you are.
Global reports
Payroll reminder & calendar
Accessible across multiple devices
Employee self-service
Employee query tool
The three pillars of TMF Horizon functionality
View
Exchange
Report
View: Your global employee portal
A global portal for online
payslipsA secure repository for all important company
policy documents – with the ability to capture individual
acceptance
Messaging function for communication
to individuals, groups or companywide
notifications
Greater payroll visibility for
employees, enabling them to access their own data, and ask their local payroll team questions
directly through the portal
Exchange: Gain confidence in payroll data transfer
A detailed payroll calendar to help you keep track of payroll
schedules across the globe
Approval steps throughout the payroll
process
A single management portal to help ensure all payroll processes are running correctly, and in line with local
regulations
A built-in ticketing system that helps
HR and payroll professionals stay in
touch with TMF experts if an issue arises or
have a request
Multiple levels of visibility – from global
overviews, to deep individual-level data
Secure transfer of data through the portal
Support for every country where TMF
Group provides payroll services – ensuring that no data is ever out of
your sight, and no issue goes undetected
A comprehensive audit log to help you track who did what, and
when
Process workflow
Report: Turn payroll data into business insight
Support for multiple standard reports based on local payroll data in a single global format:
� Company headcount � Reconciliation reports � Gross to net � Standard TMF general ledger � Raw data downloads
A simple process view that gives you important payroll metrics and information at a glance
A single dashboard for simple, fast reporting - and sharing those reports with the right people when you’re done
The ability to report on all global payroll data
Facing the challenge of ever-changing payroll
As your organisation evolves over time, whether it’s expanding into new countries, changes to your existing operations, or even relocation, managing payroll processes can be extremely challenging. New employees, new processes, and new regulations all combine to form a perfect payroll storm. But it doesn’t have to be a painful process.
From the beginning, you know what to expect. TMF Group’s local knowledge helps you identify which regulations you’ll need to comply with, any benefits your employees may be entitled to, and any other regional payroll considerations you may need to make upfront.
As the pieces start to fall into place, TMF Horizon gives you the confidence that your payroll is in safe hands. Visibility of payroll processing and easy access to data through standard global reporting eases everyday burdens.
TMF Horizon also provides a single place for all of your employees to get full access to their payslips anytime, anywhere, reducing reliance on your local operations.
As the demands change in your operations, you can make sure payroll processes are being executed properly from back at HQ. You can also quickly access reports to show everyone else how things are progressing.
No organisation can evolve without experiencing a few challenges, and if employees have payroll questions, they can get in touch with their local payroll team directly, to get queries resolved quickly before they escalate. And when you’re in need of guidance or assistance, it’s just as easy to get in touch with local or global TMF Group experts and make the most of their knowledge — and the rest of the services we provide.
Whilst we have taken reasonable steps to provide accurate and up to date information in this publication, we do not give any warranties or representations, whether express or implied, in this respect. The information is subject to change without notice. The information contained in this publication is subject to changes in (tax) laws in different jurisdictions worldwide. None of the information contained in this publication constitutes an offer or solicitation for business, a recommendation with respect to our services, a recommendation to engage in any transaction or to engage us as a legal, tax, financial, investment or accounting advisor. No action should be taken on the basis of this information without first seeking independent professional advice. We shall not be liable for any loss or damage whatsoever arising as a result of your use of or reliance on the information contained herein. This is a publication of TMF Group B.V., P.O. Box 23393, 1100 DW Amsterdam, the Netherlands ([email protected]). TMF Group B.V. is part of TMF Group, consisting of a number of companies worldwide. Any group company is not a registered agent of anothergroup company. A full list of the names, addresses and details of the regulatory status of the companies are available on our website: www.tmf-group.com
© January 2017 TMF Group B.V.
Get started with TMF Horizon todayAre you ready to take control of your global payroll? Talk to us. We are global payroll experts, with the local knowledge you need to keep all of your processes running as efficiently and effectively as possible.
Make an enquiry at tmf-group.com/TMFHorizon to find out what TMF Horizon could do for your organisation.